Business

Constellation’s investment in marijuana pays off

Constellation Brand's multi-billion dollar investment in Canadian cannabis company Canopy Growth appears to be paying off, with the value of its shares in the company already worth an extra $1.3 billion.

The Wine Society names new CEO

The former chief commercial officer for footwear retailer Clarks has been named the new CEO for The Wine Society, effective from January 2019.

Carlsberg confirms €100m upgrade of French brewery

Carlsberg has announced plans to invest €100 million (US$117m) to upgrade its Kronenbourg brewery in Obernai, France – its largest in Europe.

Codorníu to sell €390m majority stake to Carlyle Group

Spain's Codorníu Raventós Group has entered exclusive negotiations with the Carlyle Group, which earlier this year bought Accolade Wines for AU$1 billion, to sell a majority stake of its business.

Subscribe to our newsletters